Choosing a partner for starting a business can sometimes be stressful. It is important to find someone whom you have trust, good communication, shared mindsets, aligned visions and similar worldviews. Previously we spoke about the pros and cons of founding a startup with your best friend, ...
Choosing a partner for starting a business can sometimes be stressful. It is important to find someone whom you have trust, good communication, shared mindsets, aligned visions and similar ...
How to manage conflict inside the family so that good family decisions surface, individuals, grow in healthy ways, and relationships achieve their potential.
Psychologist and author Ken Kaye talks about strategies to mitigate stress and resolve conflicts in a family business context.
Family businesses are hugely important, which is why communication and support are vital. By Billy Andrew
As a strategic wealth coach (our term for my role at Ascent) I am often asked, “What does that mean?” I pause, raise my eyebrows, smile, and reply, “I’m a money coach, I help people deal ...
While working closely with loved ones to build a successful and profitable venture can be gratifying, managing a family enterprise can also come with tremendous challenges.
Cornell’s alumni, faculty, and students impact economies through innovation and ingenuity. Working for your family’s business can be a very rewarding experience, if it functions well. When ...
Developing ideas to move the business forward and solving problems, brainstorming is a powerful approach entrepreneurs use in their everyday. It’s harder to take orders from someone who’s a ...
The strongest family wine businesses have learned how to delegate power within their firms.
Laurie Foster says the inherent trust among siblings in a family business can create a formidable competitive advantage. For some people, working with your sibling flows naturally; in other ...
IESE's Chair of Family-Owned Business is celebrating 30 years of work on family-owned businesses, the most common type of business in much of the world.
By anticipating and addressing key issues, family owners can reduce risk, manage conflict, and promote prosperity.
Family companies have a huge economic footprint, accounting for 60 percent or more of the global workforce.
The current magnitude of family wealth is estimated at $46 trillion globally. Further, according to Federated Investors, the millennials will inherit $30 trillion from their Baby Boomer ...